California Government Code 16471 – Upon the determination and designation of surplus money in any …
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Upon the determination and designation of surplus money in any special fund, the Controller shall transfer from that fund to the Surplus Money Investment Fund in the State Treasury, which fund is continued in existence, the amount of surplus money so determined and designated. Nothing herein shall authorize the transfer of money from any special fund to the Surplus Money Investment Fund, if the transfer will interfere with the carrying out of the purpose for which the special fund was created.
(Amended by Stats. 1990, Ch. 496, Sec. 1.)
Terms Used In California Government Code 16471
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18